Cannabis producer Tilray stock rises after losses widen, revenue tops estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Cannabis producer Tilray stock rises after revenue tops estimates

Tilray Inc. TLRY, -0.36% shares gained more than 4% in the extended session Monday after the cannabis producer reported wider-than-expected losses but beat Wall Street revenue estimates. The company reported fourth-quarter net income of $31 million, or 33 cents a share, compared with losses of $2.9 million, or 4 cents a share, in the year-ago period. Revenue rose to $15.5 million from $5.1 million in the year-ago period.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cannabis stocks rally ahead of Tilray earningsCannabis stocks were higher Monday, as investors reacted to the latest tie-ups in the sector and awaited the release of quarterly earnings from Tilray Inc.... chernandburn Except for LHSIF ☹️
Source: MarketWatch - 🏆 3. / 97 Read more »

Here comes Tilray...Tilray is set to report fourth-quarter earnings after Monday's closing bell.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Cannabis stocks rally ahead of Tilray earningsCannabis stocks were higher Monday, as investors reacted to the latest tie-ups in the sector and awaited the release of quarterly earnings from Tilray Inc.... chernandburn Except for LHSIF ☹️
Source: MarketWatch - 🏆 3. / 97 Read more »

Adobe stock falls after earnings and revenue beat consensus estimates
Source: MarketWatch - 🏆 3. / 97 Read more »

Cannabis REIT reports 111% revenue increasePump and dump? JCuff10 Yo Dm me JCuff10
Source: MarketWatch - 🏆 3. / 97 Read more »

Docusign stock falls after earnings and revenue beatDocusign Inc. shares fell more than 7% in the extended session Thursday after the e-signature company topped consensus estimates for earnings and issued... Tech is in trouble. Bc a LOT like the tech bubble of the 90’s a bunch of VCs & angel investors spent BILLIONS on tech startups seriously believing we’d be living in a totally automated world by now. But ppl are BROKE & reality is crashing down, on the tech startups AND big names
Source: MarketWatch - 🏆 3. / 97 Read more »

Pivotal stock plunges after revenue miss, weak guidancePivotal Software Inc. shares dove more than 8% in the extended session Thursday after the company beat consensus estimates for its losses but issued...
Source: MarketWatch - 🏆 3. / 97 Read more »

Ulta Beauty shares climb after earnings, revenue top expectationsShares of Ulta Beauty rose following the release of the beauty company's better-than-expected fourth-quarter earnings.
Source: CNBC - 🏆 12. / 72 Read more »

UPDATE: Hexo stock jumps 12% premarket as loss narrows in Q2 and revenue soars to C$13.4 millionJesus ask money for Him to save the world
Source: MarketWatch - 🏆 3. / 97 Read more »